News

Retail
JCPenney Takes AI Into the Store to Appeal to Cost-Conscious Shoppers
January 29, 2024

At they navigate a market heavily influenced by inflation, retailers must use a range of tools to respond to the needs of value-driven consumers.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
Reddit Pushed by Investors to Seek $5 Billion IPO Valuation
January 28, 2024

Reddit’s potential investors reportedly want the company to seek a $5 billion IPO valuation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Retail
Venus et Fleur Pitches Flowers as Valentine’s Day Investments 
January 27, 2024

Valentine’s Day has long been associated with the exchange of thoughtful gifts, and few tokens of affection are as iconic as a bouquet of flowers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Proof Technology Raises $30.4 Million to Grow Litigation Services Platform
January 26, 2024

Proof Technology has secured $30.4 million in Series B funding to advance its online litigation services marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Artificial Intelligence
AI Startup Sierra Aims to Raise $85 Million to Tackle Business ‘Problems’
January 26, 2024

Sierra, an enterprise-focused AI startup co-founded by OpenAI Chairman Bret Taylor and former Google executive Clay Bavor, is reportedly on the verge of achieving unicorn status with a new investment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
Airbnb to Raise Guest Service Fees 2% for Cross-Currency Bookings
January 26, 2024

Airbnb will add about 2% to its guest service fees when guests pay with a currency different from the one set by the host in their listing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
This Week in AI: FTC, Partnerships and Enterprise Deployments
January 26, 2024

Generative artificial intelligence tends to grow in leaps and bounds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Artificial Intelligence
Elon Musk’s xAI Aims to Raise $6 Billion
January 26, 2024

Elon Musk’s AI startup, xAI, is reportedly in talks with investors worldwide, aiming to raise $6 billion in funding to compete with Microsoft-backed artificial intelligence company OpenAI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
Revere Introduces Tool to Help Marketers Optimize Generative AI
January 26, 2024

Generative AI Solutions has launched Revere, a new company dedicated to helping marketers shape perceptions of brands in a landscape that’s being redefined by generative artificial intelligence (AI) and large language models (LLMs). Get the Full Story Complete the form to unlock this article and enjoy unlimited...